SIMBHAOLI Sugar - Is it a good buy?

gap

New Member
#1
Hi

I read a recent report from lkpsec that they were suggesting a BUY on simbhaoli.

My personal feeling after looking at their graph is that the scrip is getting some correction which needs to continue for a week or atleast 1%.

Can someone share his/her research and thoughts on this scrip.

regards
Saurabh
 
#2
This stock like most other stocks in the current market is in a downtrend.

Stay away from low priced mid cap stocks as when the market corrects you will see a sharp erosion in their value!
 

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